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GECX Group is active on several major European trading hubs, trading physical and financial natural gas products and offering market access and physical notification service for customers worldwide.
Products traded by GECX Group:
Natural gas is a major source of electricity generation through the use of gas turbines and steam turbines. It burns more cleanly than other fossil fuels, such as oil and coal, and produces less carbon dioxide per unit energy released. Natural gas is supplied to homes where it is used for purposes such as cooking in natural gas-powered ranges and ovens, natural gas-heated clothes dryers, heating/cooling and central heating.
Whilst the vast majority of gas globally is sold under long term contracts, wholesale gas is also traded around the world in country-specific hubs and international exchanges. The demand and supply balance in a country determines the market price for wholesale gas in that trading market. Spot trades are settled normally one or two business days from the trade date, while gas financial trades are cash settled and could be either futures/forwards/swaps.
|Authorised and regulated in the UK by the Financial Services Authority (FSA) - 537953|